pensionsförsäkringar

A pensionsförsäkring, or pension insurance, is a type of savings product in Sweden designed to provide individuals with a supplementary income during their retirement years. These products are typically offered by insurance companies and financial institutions. They allow individuals to save money over a long period, with the accumulated capital intended to be paid out as a pension from the age of retirement.

There are generally two main types of pensionsförsäkringar: traditionella pensionsförsäkringar and fondförsäkrade pensionsförsäkringar. Traditional pension insurance involves the insurance company managing the invested capital and guaranteeing a certain return or payout. Fondförsäkrade pensionsförsäkringar, on the other hand, allow the policyholder to choose investment funds for their savings, meaning the returns are dependent on the performance of these funds.

Contributions to a pensionsförsäkring can be made by either the individual or their employer, or a combination of both. Employers often offer these as part of their employee benefits package. There are specific tax rules and regulations governing pensionsförsäkringar in Sweden, including potential tax deductions for contributions and taxation on payouts during retirement. The purpose is to encourage long-term savings for a secure financial future after one stops working.